What are the best forex trading strategies books for cryptocurrency traders?

5 answers

• Dec 29, 2021 · 3 years ago
  Sure, I can recommend a few books that can be helpful for cryptocurrency traders looking to improve their forex trading strategies. One book that comes to mind is 'The Little Book of Currency Trading' by Kathy Lien. It provides practical strategies and insights into the forex market, which can be applied to cryptocurrency trading as well. Another book worth checking out is 'Forex For Beginners' by Anna Coulling. It covers the basics of forex trading and can be a good starting point for cryptocurrency traders who are new to the forex market. Remember to adapt the strategies to the unique characteristics of the cryptocurrency market.
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• Dec 29, 2021 · 3 years ago
  When it comes to forex trading strategies for cryptocurrency traders, it's important to consider the volatility and fast-paced nature of the cryptocurrency market. One book that addresses this is 'Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order' by Paul Vigna and Michael J. Casey. Although it's not solely focused on forex trading strategies, it provides valuable insights into the cryptocurrency market dynamics and can help traders develop strategies that align with the unique characteristics of cryptocurrencies.
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• Dec 29, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, has a comprehensive collection of educational resources for traders, including books on forex trading strategies. They offer a range of books that cover different aspects of forex trading and provide insights into strategies that can be applied in the cryptocurrency market. It's worth checking out their selection to find books that suit your trading style and goals. Remember to always stay updated with the latest market trends and adapt your strategies accordingly.
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• Dec 29, 2021 · 3 years ago
  Finding the best forex trading strategies books for cryptocurrency traders can be a daunting task, but it's worth the effort to enhance your trading skills. In addition to the books mentioned earlier, you can also explore online resources such as forums, blogs, and video tutorials to learn from experienced traders. Remember that trading strategies should be tailored to your individual risk tolerance and trading goals. It's important to continuously educate yourself and stay updated with the latest market developments to make informed trading decisions.
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• Dec 29, 2021 · 3 years ago
  As a cryptocurrency trader, you might find it beneficial to explore books that focus on technical analysis and chart patterns. 'Japanese Candlestick Charting Techniques' by Steve Nison is a classic book that covers candlestick patterns and their interpretation. Understanding these patterns can help you identify potential entry and exit points in the forex market, which can be applied to cryptocurrency trading as well. Additionally, 'Technical Analysis of the Financial Markets' by John J. Murphy is a comprehensive guide to technical analysis that can be useful for cryptocurrency traders looking to improve their trading strategies.
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